14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ARCB
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

ArcBest Corporation stock price up 1.93% on Friday
(Updated on May 03, 2024)

Sell candidate since Apr 24, 2024 Loss -16.17% PDF

The ArcBest Corporation stock price gained 1.93% on the last trading day (Friday, 3rd May 2024), rising from $112.67 to $114.85. During the last trading day the stock fluctuated 2.79% from a day low at $113.64 to a day high of $116.81. The price has risen in 6 of the last 10 days but is still down by -16.79% for this period. Volume fell on the last day by -9 thousand shares and in total, 374 thousand shares were bought and sold for approximately $43.01 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $108.10 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -5.04% during the next 3 months and, with a 90% probability hold a price between $102.66 and $142.16 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ARCB Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 5.99%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ArcBest Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $120.32 and $136.85. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ArcBest Corporation stock

ArcBest Corporation finds support from accumulated volume at $112.67 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $3.18 between high and low, or 2.79%. For the last week, the stock has had daily average volatility of 5.72%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ARCB) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect ArcBest Corporation to open at $115.10, and during the day (based on 14 day Average True Range), to move between $108.31 and $121.39, which gives a possible trading interval of +/-$6.54 (+/-5.69%) up or down from last closing price. If ArcBest Corporation takes out the full calculated possible swing range there will be an estimated 11.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $112.67 (1.90%) than the resistance at $131.82 (14.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ArcBest Corporation stock A Buy?

ArcBest Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -5.267 Strong Sell Candidate Unchanged

Predicted Opening Price for ArcBest Corporation of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$115.10 ( 0.216%) $114.85

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ARCB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 118.27 2.98 %
R2 117.06 1.92 %
R1 116.31 1.27 %
Current price: 114.85
Support S1 113.89 -0.84 %
S2 113.14 -1.49 %
S3 111.92 -2.55 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 142.50 24.07 %
R2 138.58 20.66 %
R1 131.82 14.78 %
Current price 114.85
Support S1 112.67 -1.90%
S2 110.91 -3.43%
S3 108.36 -5.65%

ARCB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 09, 2024 May 09, 2024 May 24, 2024 $0.120 0.104%
2 Feb 15, 2024 Feb 15, 2024 Mar 01, 2024 $0.120 0.0844%
3 Oct 25, 2023 Nov 07, 2023 Nov 22, 2023 $0.120 0.0982%
4 Jul 26, 2023 Aug 08, 2023 Aug 23, 2023 $0.120 0.114%
5 Apr 26, 2023 May 09, 2023 May 24, 2023 $0.120 0.142%

FAQ

What is the symbol for ArcBest Corporation Stock and on which exchange is it traded?
The symbol for ArcBest Corporation is ARCB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ArcBest Corporation Stock?
ArcBest Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy ArcBest Corporation Stock?
ArcBest Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ArcBest Corporation Stock.

What's the current price of ArcBest Corporation Stock?
As of the end of day on the May 03, 2024, the price of an ArcBest Corporation (ARCB) share was $114.85.

What is the 52-week high and low for ArcBest Corporation Stock?
The 52-week high for ArcBest Corporation Stock is $153.61 and the 52-week low is $82.18.

What is the market capitalization of ArcBest Corporation Stock?
As of the May 03, 2024, the market capitalization of ArcBest Corporation is 2.648B.

When is the next earnings date for ArcBest Corporation?
The upcoming earnings date for ArcBest Corporation is Jul 26, 2024.
Click to get the best stock tips daily for free!

About ArcBest Corporation

ArcBest ArcBest Corporation provides freight transportation and integrated logistics services. It operates through three segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through less-t... ARCB Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT